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20100926
20100926
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KQED (PBS) 3
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PBS
Sep 26, 2010 3:30pm PDT
july. christina roma was next. the white house is also expecting rahm emanuel to leave the use to run for mayor of chicago. >> if rahm emanuel leaves, he will be the fourth of president obama's closest advisers to have left since july. question, after 20 months, is this presidential staff turnover normal? pat buchanan. >> this is not terribly unusual if you have a presidency in trouble. john, when you came into the white house, '71, john connolly came in, dave kennedy was out. nixon closed the goal window, let the dollar flow. he sent arthur burns to the federal reserve. they gunned the money supply to $23 billion deficits. that was enormously dramatic in terms of a change. this is nothing like that. rahm is going out there because there's an opening for mayor's office and secondly, because he has been hammered and had a bad time. but i don't think this is extraordinarily unusual. i don't see any signs of panic here. >> a vietnam war on his hands. >> nixon, our election was disappointing and he took that big move. john connolly was lyndon johnson's man that had taken texas away from h
PBS
Sep 26, 2010 4:00pm PDT
little slower. >> but you feel better already now that the statisticians have told us the recession actually ended a year ago. >> oh, yeah, cheered everybody up. all those people standing in the unemployment lines were really heartened to hear that news. >> but to your point about this being a house, most le a housing-led recession, does that mean, do you think, that we have or have not sort of permanently inherited the mantle of the rust belt states, that always we're the first down and the last up when there's a recession? >> yeah, i don't think that's necessarily true, that we're always going to be the hardest hit by a recession. i mean, this recession -- you know, across the country in fact was fueled by the implosion of the real estate market. so the fact that we had such a gigantic bubble going on here does mean we were hardest hit. but you know, other recessions have had different causes. and california still has many strong fundamentals. i mean, you know, we're still drawing huge amounts of venture capital here. one out of every two dollars in venture capital invested in rec
PBS
Sep 26, 2010 3:00pm PDT
week brought back memories of the day newt gingrich gave us his contract for america. today, he is occupied with dreams of being president of less than six weeks to go before the midterm election, house republicans revealed a new pledge to america which proposes to extend the bush tax cuts and shutting down the health care law. it involves pulling back on stimulus money and reducing the size of the federal government. what is new on this? >> nothing, it is a portable document which means it is dishonest. they say they will reduce deficits by cutting taxes. it just won't happen. most voters know it is dishonest and it is a document they don't believe in. >> i watched this unveiling as i watched the democrats and it just seems like noise at this point, meaningless noise. in this case it was orchestrated in order to have no ties and everyone sitting around trying to be something there were not and that is exactly what it looked like them up. as far as the november elections, this will not be a positive. it gets them off the party of being no and put something out there. if it doesn't
Search Results 0 to 2 of about 3